Global Governance

Article Author: Edward Alden
Nikkei Asian Review

The government of India filed suit on March 3 in the World Trade Organization (WTO) seeking to overturn a new U.S. tax on high-skilled migrants that India says discriminates against its citizens and would damage some of its most successful companies. The case marks the first time that a country's immigration laws have been challenged using the rules of a trade agreement, writes CFR’s Edward Alden.

See more in India; United States; Trade; International Organizations and Alliances

Foreign Affairs Article

The IMF’s Next Five Years

Author: Robert Kahn

In the next five years, the International Monetary Fund (IMF) will face new challenges as it struggles to come to terms with a rapidly changing global marketplace and with lending rules poorly suited for the crises the institution will likely face. These challenges will force the IMF to scrutinize and adjust its lending rules. A broader issue is also at play: financial markets are becoming bigger more quickly than the institution’s resources are, and IMF rescue alone may be insufficient in the future . How the financing burden is shared with other official creditors will help determine whether the fund is an effective leader of the global effort to prevent and resolve economic crises in the coming decades.

 

See more in Global; International Finance; International Organizations and Alliances

Article

The Dark Heart of ASEAN

Author: Joshua Kurlantzick
Project Syndicate
Next week, at a summit in California, US President Barack Obama will meet with the leaders of the ten countries of Asia’s most important regional grouping: the Association of Southeast Asian Nations. The event, the first-ever US-ASEAN summit on American soil, is being touted as a sign of America’s growing interest in Southeast Asia. The question is whether the US, by inviting all members of ASEAN, has allowed its interests to overwhelm its principles.

See more in Asia and Pacific; United States; International Organizations and Alliances; Diplomacy and Statecraft

Article

Appeasing Iran Hurts Us in Iraq, Too

Authors: Max Boot and Michael Pregent
Washington Post

President Obama, fresh off the implementation of the nuclear accord and a prisoner swap, may want to believe that Iran is, as he suggested to NPR a year ago while discussing what it would take to get a deal done, now on its way to becoming “a very successful regional power” that will abide “by international norms and international rules.”

See more in United States; Iran; Treaties and Agreements; Defense Strategy

Article

The New “New Multilateralism”: Minilateral Cooperation, but at What Cost?

Author: Stewart M. Patrick
Global Summitry: Politics, Economics, and Law in International Governance

A defining feature of twenty-first century multilateralism is growing reliance on informal, non-binding, purpose-built partnerships and coalitions of the interested, willing, and capable. But the new multilateralism also presents dangers, among these encouraging rampant forum-shopping, undermining critical international organizations, and reducing accountability in global governance, writes Stewart Patrick.

See more in Global; United States; Treaties and Agreements; Diplomacy and Statecraft

Article

The TPP Is the Last, Best Opportunity for New Global Trade Rules

Author: Edward Alden
World Politics Review

There is no other area of global governance—not climate change, not management of the oceans, not monetary policy, not peacekeeping—in which the nations of the world have agreed to cooperate more closely than on the rules governing international trade. But over the past half-century, each step toward greater trade cooperation has been a bit harder than the last.

See more in Global; Treaties and Agreements